ACTIVE

Kunstenwerkplaats

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Financial year 2025 · closed on 31/12/2025
Net result
130,6 k €
-39.4% YoY
Gross margin
1 M €
-4.5% YoY
Equity
529,9 k €
+32.7% YoY
Workforce
9,4 ETP
-3.1% YoY

What does Kunstenwerkplaats do?

Kunstenwerkplaats is a Non-profit organization incorporated in 2019. Its main activity is: Support activities to performing arts. Its registered office is in Saint-Gilles. It employs on average 9,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0738.859.193
Incorporation
09/12/2019
Legal form
Non-profit organization
Registered office
Rue du Fort 35
1060 Saint-Gilles · BruxellesSee on map
Latest accounts
31/12/2025
Average workforce
9,4 ETP
Activities (NACE)
90029Support activities to performing arts· main90399Creative, arts and entertainment activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin1 M €1 M €875,3 k €548,8 k €444,8 k €270,2 k €
EBITDA132,1 k €215,4 k €75,1 k €18,6 k €-23,9 k €-23,3 k €
Operating result132,1 k €215,4 k €75,1 k €18,6 k €-23,9 k €-23,3 k €
Net result130,6 k €215,3 k €74,4 k €17,6 k €-22,5 k €-24 k €
Balance sheet
Equity529,9 k €399,3 k €184 k €109,6 k €91,9 k €114,4 k €
Total assets992 k €783,6 k €805,2 k €485,9 k €627 k €551 k €
Cash711 k €585,9 k €540,8 k €305 k €390 k €435,4 k €
Debts179,1 k €183,6 k €346,7 k €311,8 k €128 k €98,2 k €
Other
Workforce9,4 ETP9,7 ETP10,8 ETP6,9 ETP5,2 ETP3,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 14 ended

Active mandates

Dries DOUIBI

Director

Active
Gailor KIAKU

Director

Active
Jonas RUTGEERTS

Director

Active
Maruschka GIJSBERTHA

Director

Active
Mehdi MARÉCHAL

Director

Active
Nathalie DE BOELPAEP

Director

Active
Reza FARNOUD

Director

Active

Ended mandates

Gailor Kiaku

Director · since 22 mai 2024

Ended
Reza Farnoud

Director · since 22 mai 2024

Ended
Jonas Rutgeerts

Director · since 12 mai 2021

Ended
Maruschka Gijsbertha

Director · since 12 mai 2021

Ended
At this address

Other companies at this address

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Aquilon● Active
0441.320.702
Gemeenschapscentrum Pianofabriek● Active
0449.928.758
slameke● Active
0678.806.493
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202623/09/202504/09/202429/09/202303/05/202223/06/2021
General meeting20/05/202622/05/202522/05/202424/03/202329/03/202206/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/05/202631/08/2026DutchPDF
Abridged model31/12/202422/05/202523/09/2025DutchPDF
Abridged model31/12/202322/05/202404/09/2024DutchPDF
Abridged model31/12/202224/03/202329/09/2023DutchPDF
Abridged model31/12/202129/03/202203/05/2022DutchPDF
Abridged model31/12/202006/04/202123/06/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 14 ended

Active mandates

Dries DOUIBI

Director

Active
Gailor KIAKU

Director

Active
Jonas RUTGEERTS

Director

Active
Maruschka GIJSBERTHA

Director

Active
Mehdi MARÉCHAL

Director

Active
Nathalie DE BOELPAEP

Director

Active
Reza FARNOUD

Director

Active

Ended mandates

Gailor Kiaku

Director · since 22 mai 2024

Ended
Reza Farnoud

Director · since 22 mai 2024

Ended
Jonas Rutgeerts

Director · since 12 mai 2021

Ended
Maruschka Gijsbertha

Director · since 12 mai 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/12/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025130,6 k €↓
  2. 2024
    Annual accounts 2024215,3 k €↑
  3. 2023
    Annual accounts 202374,4 k €↑
  4. 2022
    Annual accounts 202217,6 k €↑
  5. 2021
    Annual accounts 2021-22,5 k €↑
  6. 2020
    Annual accounts 2020-24 k €
  7. 09/12/2019
    IncorporationNon-profit organization